Rent controls in some European countries have become extremely popular, but while they benefit tenants by ensuring they can pay their rents, some argue they only exacerbate problems that led to unaffordable rents in the first place. Through rent controls, governments aim to keep a lid on rapid increases in housing rents. The idea behind
California realtors oppose new rent control measures
September 16, 2019 by
Californian lawmakers last Wednesday approved a bill that, if it comes into effect, would lead to rents being capped throughout the state. The move has since drawn widespread criticism from real estate industry professionals who worry it could have a negative impact on renters in the long term. The New York Times reports that many
Oregon set to introduce statewide rent controls
March 4, 2019 by
Lawmakers in Oregon are on the verge of signing into law new legislation that would impose statewide rent controls on landlords in the state.
